Ticket sales launched yesterday for SUMMIT One Vanderbilt, the newest observatory in Manhattan located in the crown of One Vanderbilt in Midtown East. SUMMIT One Vanderbilt is a 65,000-square-foot, four-level entertainment space atop the 1,401-foot-tall commercial supertall developed by SL Green Realty and designed by Kohn Pedersen Fox. Interiors were designed by Snøhetta, with the immersive walk-through art experience designed by Kenzo Digital.
YIMBY last covered 417 Park Avenue back in July 2020, when demolition permits for the 14-story, 29-unit residential co-op building were fully filed. GDS Development (GDSNY) is the owner of the building that stands on an 8,725-square-foot site and was originally built in 1916 with two cellar levels and a penthouse atop the 143-foot-tall edifice. The Midtown East property is located at the corner of Park Avenue and East 55th Street and is directly south of Foster + Partner‘s topped-out and nearly complete 425 Park Avenue. GDSNY and Klövern AB previously paid $184 million to purchase all the units, and the demolition of the current structure will make way for an office tower with a floor area ratio of 25, or nearly 220,000 square feet under Midtown East Rezoning regulations.
Permits have been filed for a 28-story residential building at 126 East 57th Street on Billionaires’ Row in Midtown East, Manhattan. Located between Park and Lexington Avenues, the lot is two blocks south of the 59 Street-Lexington Avenue subway station, serviced by the 4,5, 6, N, R, and W trains. MRR Development is listed as the owner behind the applications.
Mintz Attorneys is the latest high-profile tenant to join 919 Third Avenue, a 47-story office tower in Sutton Place, Manhattan. As its flagship New York office, the suite measures over 101,000 square feet on floors 37 through 39 and a partial concourse level.
Private equity firm Snow Phipps is the latest company to join 545 Madison Avenue, a newly renovated office tower in Midtown, Manhattan. Marx Realty, the property owner, worked with Studios Architecture to complete the building’s transformation, which focused on elevating the hospitality aspects of the commercial property.